CommSec Daily Report Friday
Latest newsAussie shares are off to a better start on Friday, with the ASX 200 lifting by 0.5 per cent thanks to gains from most sectors at lunch. The index is back above 6200pts and is enjoying its best gains in what has been a quiet week for local equities.Despite plenty of state holidays in…
CommSec Daily Report Wednesday
Latest NewsAfter two days of losses, the Aussie market is lifting on Wednesday with the ASX 200 up 7 points or 0.1% to 6193 towards lunch. It was another mixed session in the US following President Trump’s tough stance on trade at a speech to the US General Assembly.Back home, Energy and materials continue to…
CommSec Daily Report Tuesday
Latest NewsThe Aussie market is weaker for a second successive session towards lunch with the ASX 200 pulling back 18 points or 0.3% at 6168. US markets were mixed again overnight with trade concerns still weighing on investors.The energy sector is propping up the broader market. Crude oil experienced a solid rise in overnight trade,…
Venezuela to bump China oil exports to one million barrels a day
Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after visiting the Asian powerhouse.Maduro said each country would invest ‘around five billion dollars’ in the project by August 2019.Private sector estimates put the current export figure to China at around 700,000…
CommSec Daily Report Wednesday
Latest NewsLocal shares are rebounding from losses yesterday after tariff rates from the US and retaliation by China, being less than feared. Overnight, China announced tariffs of between 5-10% against US$60 billion of US imports.Wall Street closed higher and has provided a strong lead for the local bourse. The ASX 200 is advancing by 25…
CommSec Daily Report Tuesday
Latest NewsThe local market has opened in the red with the announcement by President Trump and the USadministration to impose fresh 10% tariffs on $200 billion of Chinese imports to start next week. The ASX 200 is off by 17 points or 0.3% to 6167 towards lunch.The sectors most heavily affected by the trade stoush…
CommSec Daily Report Monday
Latest NewsLocal shares fell in early trade on Monday before a recovery into lunch. The Healthcare sector led declines for the Index after Prime Minister Morrison announced plans for a Royal Commission into the aged care sector at the weekend. By contrast Telecoms and Utilities Only two sector managed to advance against the tide of…
Merkel to visit Algeria on Monday
German Chancellor Angela Merkel will pay a visit to Algeria on Monday, her second since 2008, the official APS news agency reported.Merkel was forced to cancel a trip to Algeria at the last minute in February 2017 after President Abdelaziz Bouteflika fell ill with acute bronchitis.During next week’s visit, Merkel is set to meet the…
CommSec Daily Report Friday
Latest NewsAussie shares are looking to finish the week on a high with the ASX 200 advancing at lunch on Friday. The main index is climbing 36 points or 0.58% to 6164 and despite advancing for only the second time in the last 12 session, the index is looking for a weekly gain.The gains have…
CommSec Daily Report Monday
Latest newsWhile the Australian market is slipping for an eighth day, equities have bounced off intraday lows and at lunch the ASX 200 is down just 0.04 per cent. The index is coming off the back of its worst weekly performance in seven months and while it did hit decade highs less than a fortnight…
